Key Points
- Insider buying: Jonathan Nicholls purchased 100,000 Shaftesbury Capital shares on May 14 at GBX 129 each, a total investment of £129,000.
- Stock performance: The shares fell 1.7% and opened Friday at GBX 127.01, near the company’s 52-week low of GBX 124.10.
- Analyst sentiment remains positive: Jefferies and Deutsche Bank both reiterated buy ratings, and the stock has a consensus rating of Moderate Buy with an average target price of GBX 182.80.
Shaftesbury Capital PLC (LON:SHC - Get Free Report) insider Jonathan Nicholls bought 100,000 shares of the company's stock in a transaction on Thursday, May 14th. The stock was bought at an average price of GBX 129 per share, with a total value of £129,000.
Shaftesbury Capital Stock Down 1.7%
Shares of LON:SHC opened at GBX 127.01 on Friday. The business has a fifty day moving average of GBX 133.90 and a two-hundred day moving average of GBX 140.22. The stock has a market cap of £2.32 billion, a P/E ratio of 6.87 and a beta of 0.95. Shaftesbury Capital PLC has a 52-week low of GBX 124.10 and a 52-week high of GBX 162.90.
Shaftesbury Capital (LON:SHC - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported GBX 4.50 earnings per share (EPS) for the quarter. Shaftesbury Capital had a return on equity of 8.78% and a net margin of 141.28%. On average, equities analysts anticipate that Shaftesbury Capital PLC will post 5.0712105 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. Jefferies Financial Group restated a "buy" rating and issued a GBX 176 target price on shares of Shaftesbury Capital in a report on Friday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 185 target price on shares of Shaftesbury Capital in a report on Friday. Finally, Berenberg Bank increased their price target on Shaftesbury Capital from GBX 151 to GBX 153 and gave the stock a "hold" rating in a report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of GBX 182.80.
Check Out Our Latest Stock Analysis on SHC
Shaftesbury Capital Company Profile
(
Get Free Report)
Shaftesbury Capital PLC ("Shaftesbury Capital") is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index. Our property portfolio under management, valued at £5.4 billion, extends to 2.8 million square feet of lettable space across the most vibrant areas of London's West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.
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